RE:Kenorland StudyThanks for posting the Kenorland Study results Geezer21. I have thought for a long time now that the MooseHead discovery is a multi-millioln ounze deposit. I also think that the shallow depth and the continued 25 metre step out drilling will increase the the RE significantly.
The shallow depth is extremely important as it makes the mining of the deposit cheaper. If you have to move and process less dirt to get to the payload then profits per ounce are higher.
I also believe that due to the extensive drilling being done, the RE will contain more ounzes in the proven and indicated categories and less in the inferred category.
As most folks know there are fewer and fewer deposits found today than 10 years ago. The majors like Agnico Eagle will jump on this deposit once they know the facts from a maiden RE.
The future looks very bright for SIC. Hats off to Tim and the team in Newfoundland!
Muff